US, EU Slash Tariffs to 15% After High-Stakes Talks at Trump’s Turnberry Resort
The United States and European Union have agreed to a sweeping trade accord that slashes tariffs and ushers in hundreds of billions of dollars in cross-Atlantic investment, concluding months of economic brinkmanship between Washington and Brussels. Announced after private talks at Donald Trump’s Turnberry golf course in South Ayrshire, the agreement imposes a 15% blanket US tariff on EU goods — a significant retreat from the 30% rate previously threatened by the White House. In exchange, Brussels committed to open markets, purchase American energy and defense equipment, and inject an eye-watering $600 billion in direct investment into the US economy.…
